Riot Could Pay Anthropic 12% Interest Under $28B AI Data Center Deal

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Bitcoin miner Riot has sold most of its bitcoin holdings to finance its expansion into data centers. Under its latest agreement with AI company Anthropic, Riot could pay interest of up to 12% on the financing. The arrangement lets Anthropic fund part of the data center build-out. Interest would be collected through deductions from the rent Anthropic pays. The deal is valued at roughly $28 billion.

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